Navient Co. SR NT 6% 121543 (NASDAQ:JSM – Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 4,969 shares, a decrease of 42.5% from the September 30th total of 8,641 shares. Based on an average daily volume of 14,323 shares, the short-interest ratio is presently 0.3 days.
Navient Co. SR NT 6% 121543 Trading Down 1.0%
NASDAQ:JSM traded down $0.16 during midday trading on Friday, reaching $15.36. 61,477 shares of the stock traded hands, compared to its average volume of 14,935. The business has a 50-day moving average of $17.07 and a two-hundred day moving average of $18.16. Navient Co. SR NT 6% 121543 has a 12-month low of $15.25 and a 12-month high of $20.65.
Navient Co. SR NT 6% 121543 Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, December 14th will be paid a $0.3750 dividend. The ex-dividend date of this dividend is Monday, December 14th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 9.8%.
Navient Co. SR NT 6% 121543 Company Profile
Navient Corporation is a U.S.-based loan management and business-processing company. Its activities have historically included servicing and managing education loans, providing borrower support, and operating technology and administrative platforms for government and private-sector clients.
The company was formed in 2014 through the separation of Sallie Mae’s loan-management operations from its consumer-banking business. Navient has served borrowers and institutional clients primarily in the United States, with a focus on education-finance servicing, customer communications, payment processing, and related administrative services.
Navient Co SR NT 6% 121543, traded under the symbol JSM, represents senior notes issued by Navient Corporation rather than common equity in the company.
Further Reading
- Five stocks we like better than Navient Co. SR NT 6% 121543
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
- Oracle’s AI Spending Peak Is in Sight—Can the Stock Recover?
Receive News & Ratings for Navient Co. SR NT 6% 121543 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Navient Co. SR NT 6% 121543 and related companies with MarketBeat.com's FREE daily email newsletter.
